[Expired] New $350 Welcome Bonus for Amex Blue Cash Preferred Card

Update: The offer mentioned below has expired and is no longer available.

One of our favorite cash-back credit cards now has an increased welcome bonus to help you earn even more cash-back!

If you’re looking for a cash-back rewards card with great bonus categories, the Blue Cash Preferred^® Card from American Express might be the perfect card for you — here is everything you need to know!

New Amex Blue Cash Preferred Card Welcome Bonus

Earn $350 back after you spend $3,000 in purchases on your new card within the first 6 months of card membership. You will receive the $350 back in the form of a statement credit.

Amex Blue Cash Preferred Card’s Bonus Categories and Benefits

The Amex Blue Cash Preferred card earns cash-back at the following rates:

• 6% cash-back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%)
• 6% cash-back on select U.S. streaming subscriptions
• 3% cash-back on transit purchases, including taxis, rideshare, parking, tolls, trains, buses, and more
• 3% cash-back on gas station purchases
• 1% cash-back on all other purchases

While the card does charge a $0 intro annual fee for the first year, then $95 annual fee, cardholders also enjoy travel benefits and protections, and the card is also equipped with access to Amex Offers, and up to $120 annual Equinox+ credit upon enrollment.

When it comes time to redeem your cash-back rewards, simplicity is the name of the game. You can redeem your Reward Dollars for statement credits (our suggestion) or you can redeem your Reward Dollars for merchandise and gift cards, though we always recommend comparing prices elsewhere.

Hot Tip: Read through our full review for more details on the Amex Blue Cash Preferred card, and learn how it stacks up against the Blue Cash Everyday^® Card from American Express.

Final Thoughts

If you’re trying to earn as much cash-back as possible, the Amex Blue Cash Preferred is a great option for most thanks to its excellent bonus categories of U.S. supermarkets, U.S. streaming services, transit, and gas stations.

In fact, if you were to hit the $6,000 annual threshold ($500 per month) for 6% back at U.S. supermarkets, you’d earn $360 worth of cash-back rewards each year just for purchases in that category alone! With rewards rates like that, it is easier to see why the card would be quite lucrative for most cardholders. Now, with the increased welcome bonus of $350, the card is even better!